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Halozyme climbs after report co to challenge Merck over patent infringement

ReutersMar 5, 2025 3:42 PM

Shares of biopharma co Halozyme Therapeutics HALO.O rise 2.7% to $59.70

Merck's MRK.N injectable version of its blockbuster cancer drug Keytruda could face a potential patent challenge from Halozyme, the Wall Street Journal reports

According to HALO, new version of Keytruda infringes on its patents, the report says

Injectable version of Keytruda is still in clinical testing and expected to be launched by early 2026

Stock has risen 42% in the past 12 months

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